TROWERS & HAMLINS LLP
Company Information
- Company Number
- OC337852
- Registered Address
- 3 Bunhill Row, London, EC1Y 8YZ
- Status
- Active
- Employee Count
- 836
- Turnover
- £142,342,000
- EBITDA
- £42,086,000
Additional Details
- Website
- https://www.trowers.com/
- Company Type
- Limited liability partnership
- Incorporated On
- 5 June 2008
- Industries
- Professional Services
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2025 - 30 Sept 2025 | 28 Oct 2025 | 21 | 76% | 17% | 7% | 57% |
| 01 Oct 2024 - 31 Mar 2025 | 22 Apr 2025 | 17 | 80% | 13% | 7% | 37% |
| 01 Oct 2023 - 31 Mar 2024 | 22 Apr 2024 | 20 | 77% | 14% | 9% | 39% |
| 01 Apr 2023 - 30 Sept 2023 | 23 Oct 2023 | 19 | 78% | 14% | 8% | 38% |
| 01 Apr 2022 - 30 Sept 2022 | 19 Oct 2022 | 20 | 79% | 11% | 10% | 36% |
| 01 Apr 2021 - 30 Sept 2021 | 22 Oct 2021 | 26 | 80% | 12% | 8% | 45% |
| 01 Oct 2020 - 31 Mar 2021 | 29 Apr 2021 | 25 | 73% | 16% | 11% | 45% |
| 01 Apr 2019 - 30 Sept 2019 | 25 Oct 2019 | 35 | 10% | 31% | 58% | 40% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Trowers & Hamlins LLP pay invoices within 30 days of receipt of a valid invoice or as per agreed terms with suppliers. A majority of Trowers & Hamlins LLP payments relate to client disbursements. Payment of Counsel Fees on behalf of our clients are treated differently to normal supplier payments. These invoices are paid as soon as we are in receipt of funds from our client. Due to the nature of client transactions this can mean payment of invoices several months after original receipt.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
Dispute Resolution Process
Where there is any dispute over an invoice then this would be handled directly with the suppliers contact at Trowers & Hamlins LLP who would then escalate within the business as required.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
TROWERS & HAMLINS LLP is a leading international law firm based in the United Kingdom. They provide a wide range of legal services to clients across various sectors, including real estate, construction, energy, and financial services.
One of the key focuses of the firm is sustainability, and they have implemented various initiatives to reduce their environmental impact. This includes reducing their carbon footprint, promoting sustainable practices among their employees, and supporting sustainable development projects in the communities where they operate.
In terms of products and services, TROWERS & HAMLINS LLP offers a comprehensive range of legal advice and support to their clients. This includes advising on mergers and acquisitions, corporate law, employment law, and dispute resolution.
The firm is led by a team of experienced and highly skilled lawyers, including the current Senior Partner, Jennie Gubbins. They also have a dedicated team of sustainability experts who work closely with the firm's clients to ensure their business practices align with sustainable principles.
For those looking to contact TROWERS & HAMLINS LLP, their website address is www.trowers.com. Their registered office address is 3 Bunhill Row, London EC1Y 8YZ, United Kingdom. Overall, TROWERS & HAMLINS LLP is committed to providing high-quality legal services while also promoting sustainability and making a positive impact in their communities.
